May 26, 2023 (MLN): The World Bank’s Board of Executive Directors on Thursday approved $213 million in financing to improve livelihoods and essential services and enhance risk protection in communities affected by the 2022 floods, with a focus on Balochistan Province, said an official statement issued by the bank.
The aforesaid development is a part of the program agreed with the Government of Pakistan to respond to the devastating floods that hit the country last summer and build a climate-resilient Pakistan.
“We will be working closely with the Government of Balochistan to support the affected communities by providing livelihood support and rehabilitating irrigation and flood protection infrastructures,” said Najy Benhassine, World Bank Country Director for Pakistan.
This will not only help restore livelihoods but also protect the population by improving their resilience to potential future climate-related disasters and natural hazards. This project is part of the comprehensive package of post-flood rehabilitation and resilient-reconstruction program agreed upon with the authorities, he added.
The Integrated Flood Resilience and Adaptation Project (IFRAP) will provide housing reconstruction grants to approximately 35,100 homeowners to rebuild their homes following resilience standards and livelihood grants to smallholder farmers to support livestock and promote climate-smart agriculture and other productive activities, the statement further noted.
It will also help restore essential services by rehabilitating damaged community infrastructure and facilities such as water supply, irrigation, roads, and community facilities.
“Balochistan is particularly vulnerable to natural disasters due to its geographical location, socioeconomic background, and climate change,” said Yoro Sidibe, Senior Water Specialist at the World Bank. “
This project will help provide economic opportunities to the affected communities while ensuring social inclusion and participation. It will also strengthen institutional capacity in terms of preparedness and response to future disasters, he noted.
The project will benefit approximately 2.7 million people in selected communities in calamity-declared districts across Balochistan. It will mitigate flood risks through a combination of resilient protection infrastructure, enhancing early warning systems, while ensuring that women have access to this system and disaster risk management information.
IFRAP will restore degraded watersheds and strengthen institutional capacity at both the provincial and local levels.
Pakistan has been a member of the World Bank since 1950. Since then, the World Bank has provided $40 billion in assistance.
The World Bank’s program in Pakistan is governed by the Country Partnership Strategy for FY2015-2020 with four priority areas of engagement: energy, private sector development, inclusion, and service delivery. The current portfolio has 58 projects and a total commitment of $14.8 billion.
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Posted on: 2023-05-26T11:44:07+05:00